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FOX Business
Dec 9, 2012 8:30am EST
decades ago it seemed like nothing we cldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astrouts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the stars to reaching to the othe guy's throats. the astronauts who went to the moon and here for yourlf, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never befor seen footage and exclusive interviews with the men who g us there. i don't want to give away the entire special, i do want to give you this little tidbit from it. that i think speaks volumes today. heroes who didn't see themselves as heroes at all. >> you're not thinking about what goes wrong, worry is a wasted emotion, it clouds clear thinking that is absolutely needed when something goes wrong. >> people say, boy, you've got a lot of guts, i didn't have juts, i knew what i was doing,
FOX Business
Dec 18, 2012 11:00am EST
out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentially a $1.3 trillion in new revenues for only $853 billion in net spending reductions that is not balanced in my opinion. rich: there are substantial differences. the speaker is willing to allow a rate hike on those earning less than, excuse me, more than 1 million. speaker boehner wants a $1 trillion in spe
FOX Business
Dec 14, 2012 4:00pm EST
with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung fu
FOX Business
Dec 6, 2012 7:00pm EST
demonstrations tomorrow? we'll be talking with fox news middle east expert while ferris in washington institute fellow eric trager, and president obama back on the campaign trail continuing to successfully dress up his ultimatum on higher taxes as a republican decision rather than his own declaration. his staff organized a sit-down with a middle class family today in virginia claiming congress is to blame p they fail to yield to his ultimatum. why is the mainstream liberal media ignoring the reality it's the president's ultimatum driving us to the fiscal cliff? chris and senior writer for the weekly standard, steven hayes the guests here tonight. we begin with the dictator trying to maintain command of the country using chemical weapons as a deterrent. fox news chief washington correspondent james rosen has the latest for us in this report. >> a regime helicopter captured in the skies in syria in a video unloads something, most likely, a defensive flair to detour antirebel runners, but that epitomizes the fear of which the serian people now live. rebel forces taking the flight to the assad regi
FOX Business
Dec 16, 2012 11:00pm EST
, connecticut. nearly all of the senators and congress have left washington dc. from all over the country, there were outpouring of condolences and sympathy and there were senators and congressmen who sent out statements calling for gun control. in some cases with no political desions by many to politicize the tragedy. here are some of their names and what they said. congressman bobby rush said lawmakers can no longer be hel hostage by those who are opposed to reasonable gun control laws. congressman eliot engel of new york, the fact that we cannot pass sensible gun control in this congress is a blot on her reputation. and congressmen jery nadler saying that now is not the time to have a serious discussion abouand control, if not now, when would it be? at least 20 members of congress reacting with calls to restrict constitutional rights to bear arms. all over those calls coming from members of the democratic party. here is the number who chose to talk about mental illness. the disaffection of the mentally disturbed and ill. the importance of a strong family and how better to protect our s
FOX Business
Dec 21, 2012 11:00am EST
are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a deal is more likely after last night because the speaker, if anything, lost his leverage. how do you view that part of it? >> in the end, there is really an infinite number of outcomes. we believeethere is really just about 25% chance that we just go over the cliff unimpeded. the sequestration happens and all of the tax hikes. some kind of deal will probably get done. if the house were to pass that bill, it could go into law. it would keep dividend and tax rates from going higher. they just cannot reach a de
FOX Business
Dec 21, 2012 5:00pm EST
live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earliest that they would be expected to get back to work on th
FOX Business
Dec 21, 2012 1:00pm EST
the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we will see what the president says. after what has happened this week, it is not clear what the way forward is. it is more likely than not that we will grow into january without a deal. melissa: what does that really mean for the economy? >> it is to businesses to decide when they change their holdings. there is some spending programs that will be extended. they are uncertain about the outlook. there are a variety of ways
FOX Business
Dec 2, 2012 8:00am EST
in washington, the kind of spending that would cut the 4 billion dollars worth of additional spending every day, that's the long-term not the short-term to prevent being back in this place a year from now and that's going to get the country back on its feet. >> don't get excited. i know gary b will as well. and short-term uncertainty. it's been long-term and we've been going through this for years and washington in the doing anything. what does that do to the economic recovery? >> i think you see it with the stock market, brenda, everything is pretty much frozen. look, you cant pick up a paper, a paper or look on the internet and see fiscal crisis. everyone now is focused on it and i don't care if you're inside the beltway or outside the beltway. and it does a couple of things, if we don't get past this deadline and i agree with larry in principle, but the fact if we don't get past the deadline, people are one, going to view government as totally inept or more inept than it is right now. and businesses free us up and they're afraid of doing anything and the individual freezes up. look, who is g
FOX Business
Dec 16, 2012 8:30am EST
why they stopped a school like hers and why existing charter schools zero or washington dc. >> speculate. >> they are so afraid to make any mistakes and fears a brisk if they are not the very best they will the longer be in business risk is in every great business. if you want high-quality want to take a brisk. >> we will keep trying. we have an appeal on the fifth application. john: good luck. du you use any of these products? cleaned with this? so there has government's steadying it. steadying it. what did the [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. john: people want government to keep us safe. the water we drink, the air we breathe. of the soap we use? in done name of protecting us the government has studied th
FOX Business
Dec 21, 2012 11:00pm EST
't but i suspect we'll have some last minute, slap dash, terrible washington style deal that won't do anything. this fiscal cliff doesn't solve o long-term debt propses. lou: breaking with the practice and policies of washington over the course of the past 50 years. stephen hayes, thank you very much. judith miller, thank you very much. john fund, thank you. time for a few quick comments. ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talkun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us.merry . good night from new york. neil: so the world did not end so far. but is that any excuse for unions to make it more difficult that we're alive? well come everybody, i'm neil cavuto. maybe the mayans should have joined a union. not only would they have survived but their fear-mongering agenda would have as well. mayans are gone and unions, though weaken ver
FOX Business
Dec 7, 2012 7:00pm EST
that will automatically kicked in. and pelosi has some wise words for washington. please listen terror. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getting fat. in many homes across america it is very, very lean times. you cannot cut your way to deficit reduction. lou: that's right. pelosi says we cannot get our way to deficit reduction. listen to the top democrat in the house of representatives, the former speaker of the house unveiling -- on dealing with the fiscal crisis one more time. >> in many homes across america ad is a very, very lean time. you cannot cut your way to deficit reduction. lou: today said minority leader appeared to be trying to outperform policy and the political rhetoric of the absurd . senator reid's reason to be wary of reducing spending. >> the european community now is concerned about all the austerity. there are many, many things you can do to reduce debt but still have a stimulus aspect of the economy. >> that -- lou: the senate's top democrat believes we should return to europe for inspiration and guidance for fis
FOX Business
Dec 19, 2012 9:00pm EST
, everybody. i am gerri willis. it is a war of words over the fiscal cliff in washington. the president blasting republics today for their refusal to take his latest offer, calling it puzzling. republicans are doubling down on the plan b. he called the veto thrt bizarre and irrational. $500 billion in tax hikes closer to every amerin. >> there has to be a recognition onhe part of my republican friends that take the deal. but they keep on finding ways to say no. i don't know how much of that just has to do with this. it is very hard for them to say yes to me. gerri: what he stated that? >> it is incredibly sad and frustrating, that's what that is. the president, through the entire campaign, says wants a balanced aproach. we have increased spending from 2007 to 2012. $1 trillion. year over year. a trillion dollars. revenues at record highs. >> let's talk for a second about the republican response. gerri: white house is opposition for the backup plan. it is growing more bizarre and irrational by today. is this the kind of conversation that is going to get something done in washington? or
FOX Business
Dec 6, 2012 11:00am EST
that reflects conservative ideas. match that with the researchers in washington that to the policy work for heritage. connell: i think a lot of people will hear or read about this today and think about the conversation we have been having about the future of the republican party. does the tea party still have, you know, lindsey graham just put a statement out saying he is very disappointed that demint is leaving. the conservative movement lost a strong voice. he will do a great job at heritage. is this part of that story? >> i think senator demint believes that the republican message going into the election was a strong one. it just simply was not well articulated. i agree with senator demint. i do not believe that the republican party has to transform its position and become more moderate. take an idea like economic growth. the difference between 2% growth and 3.5% is a different like night and day. senator demint told me he started his career as a market researcher and advertising. he knows how to communicate with people. he became very frustrated sitting in the senate failing to do a
FOX Business
Dec 12, 2012 6:00pm EST
: washington is bracing itself for the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the right balance, and get things right, and don't cause a market migration to to other country, and don't create a devastating havoc on financial firms or markets. tracy: we've seen before with sarbanes-oxley, it became arduous. that can't happen again. >> the systemic risk, the risk to all of us, some people call it, too big to fail. that is the problem in 2008, we lost 9 million jobs, and people lost their homes, that is what we're trying to resolve. tracy: with 400 new rules, do you really think you will prevent another -- if we have -- another financial crisis, there are people out there that are starter than all of us, figuring outweighs to trade around every rule
FOX Business
Dec 13, 2012 7:00pm EST
of representatives and the senate. the lower chamber leaving washington for a long weekend before the meeting. meanwhile, the white house confirmed today that susan rice won't be the next secretary of state. u.n. ambassador susan rice asking the president to remove her name from consideration to replace outgoing secretary of state content. democratic sources telling our ed henry that rice is likely to be the president's choice to become the next national security adviser. we take ll of that up here tonight with fox news digital politics editor from a veteran political strategist, former u.s. ambassador to the united nations. now the late breaking developments on the fiscal cliff talks and the impact of the withdrawal of susan rice from consideration to be the next secretary of state, fox news chief white house correspondent ed henry with our report. >> president obama was not fretting about the fiscal cliff as he strolled to a holiday party joking with fox news about the warm weather and expressing hope for a deal. >> how are you feeling about a deal, optimistic? >> the speaker not so hopefu
FOX Business
Dec 19, 2012 7:00pm EST
current tax rates in place for 99% of the country, the president further demanding that washington go his way or no way at all, president obama seems to be on his way to perhaps becoming the imperious president. >> i've asked the vice president to lead an effort that includes members of my cabinet and outside organization to come up with concrete proposals no later than january that i will push without delay. this is not some washington commission, that is not something where folks will be studying the issue for 6 months and publishing a respect -- report that gets read then pushed aside. lou: you will notice that president did not call for concrete proposals on mental health care opublic school security, or any of the other issues at issue in the connecticut shooting last week. at that same pros conference where he demanded gun control proposal, president blasting speaker of the house john boehner or only wants to raise taxes on millionaires. >> if you look at what the speaker has proposed, he has conceded that income tax rates should go up, right now he only wants them to go up for mill
FOX Business
Dec 20, 2012 5:00pm EST
of oil. we'll drill down on the answers. >>> plus, more talk and no walk in washington. shocker there. both side insist we need to stop spending. not that they're cutting a single penny from a single government program. fox news's bret baier with the real cost of spending. >>> we all love a good hamburger, right? but is that pesky wrapper keep getting in your way? one fast-food chain may have solved the problem for good. they're making the wrapper edible. you have to see this one to believe it, trust me. even when they say it's not it is always about money. melissa: first, let's take a look at the day's market headlines. fiscal cliff talks may be a mess but not ruining the party for investors. u.s. third quarter gdp was revised up to 3.1%. not bad. november existing home seams -- sales hit nice not seen. wall street shares of the nyse euronext skyrocketed 34%. the company is being acquired by rival intercontinental exchange for $3.2 billion in cash and stock. >>> research in motion may be crawling its way out of the abyss. the blackberry maker left for dead earlier this year. now shar
FOX Business
Dec 20, 2012 6:00pm EST
business senior washington correspondent with the very latest details. how close will this be? >> the vote on that tax bill, the one that would raise taxes on people making more than million dollars a year, they are still working on getting the republican leader, the speaker still working on getting enough votes to get that to pass later tonight. we expect that around 8:00. as one price for votes, right now than house republicans have also got a bill on the floor which would impose new spending cuts. what it would be technically is it would replace the sequester, get rid of those big cuts in defense spending. replace that with about $300 billion in new spending cuts over ten years. some republicans want to be able to say they voted for spending cuts before they even consider voting for a tax increase. they're debating the right now on the floor, the spending cut bill. take a listen. >> we don't just have a fiscal clef. we have of fiscal abyss in front of us, and that is at debt crisis that is on our horizon. failure to address this debt crisis means not just 47 percent of americans, but ev
FOX Business
Dec 21, 2012 7:00pm EST
in washington will have on pleasant and possibly exceedingly painful consequences wall street today sold off sharply despite more positive news on an economy that is now obviously growing and building momentum. the dow jones industrial fell 121 points. the s&p down 39 and a half, nasdaq lost 29 points. to assess what is now a bright new economic prospects and the consequence of further gathering in irresponsibility in washington, we are joined by economist john lonski, noted fund manager and strategist harvey eisen, and in other news from washington tonight president obama nominating senator john kerry to be the next secretary of state with their views on kerry, benghazi, obama's foreign policy. we will be talking with fox his national security analyst k. t. mcfarland, former ambassador john bolton, and today the national rifle association exactly one week after the sandy hook school massacre has come up with a proposal for securing every school in this country, and it is such an obvious solution, so simple it immediately raises the question, why didn't anyone else think of it? well, we begi
FOX Business
Dec 3, 2012 7:00pm EST
in washington yesterday from all over the country. i said i will give any of your million bucks if you get some new what the republican message was in 2006. i kept my money. i give you a dollar if you continue with the republican message was in 2010. all about puuhing back against excessive interests of expansive expensive government over reached in the guise of tarp and stimulus and obamacare. here we are again. they know who they are. >> a party of social issues cannot make its of a party of economics. they are completely stuck in the middle, and obama holds the cards. if they take the wrong but they lose and if they take the right pose the lose. of their patriotic into what is right they lose. very difficult position to be in >> but you are admitting that this is about tactics. [talking over each other] >> i am not a brain surgeon. i am a political person. that's what i do. lou: i love it when you are modest. >> modesty becomes you. this is where i think republicans have an opportunity to lead. they need to be clear, concise, and say -- lou: if i made, who in the republican party is capable
FOX Business
Dec 4, 2012 4:00pm EST
a double whammy if we go over the cliff. what compromises he'd love to see come out of washington, and how he believes they could reach them. this is a guy who deals with the democratic senate, so, really, he knows how to cross the aisle to make it happen. david: somebody else you know about, with all the talk about tax increases, the idea of a simple flat tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping near
FOX Business
Dec 1, 2012 6:00am EST
to vent for the money back and we have to wait for someone in a building in washington dc to decide where the money is going to be distributedwhen we should just keep it in the house. you know, keep the taxes the same, but let new jersey pulled onto a larger version of it. neil: melissa? >> you know the faces, you know how to help them. when this country relied more on the community, your friends, your church -- the people around you. it work better. neil: it's like wih school shootings and all that. gun advocates, whatever you do, don't use sothing like bad. climate change is the same thing. where they are going to use it. the u.n. talking about setting up climate change, now this in the united states. >> it is absolutely despicable. essentially, that is what is going on. the politicians are so greedy for extra power and money. neil: the fire before them is not getting to these people. if you really want to go in direct climate change, you know, what is happening with the glaciers and blame on them -- but right now, this is not the time. >> that pr opportunity has are gone by. i hate to
FOX Business
Dec 10, 2012 7:00pm EST
in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face. we begin tonight with one of the few scheduling misadventures of president obama's swire tenure in -- entire tenure in office. the president speaking to autoworkers outside detroit today, a day before governor snyder will sign michigan's newly-passed right-to-work law into effect. the president standing firmly with the unions that worked hard to get him reelected. >> what we shouldn't do, i just gotta say this, what we shouldn't be doing is try to take away
FOX Business
Dec 18, 2012 6:00pm EST
amendment republicans are hoping will pass. here with exquisite exclusive details, richardson in washington. >> good evening. what republicans are looking to do in the house is basically deal with the tax provisions of the fiscal cliff to hit on january 1 so there will be two amendment votes on the house. the first constructed by republicans dubbed the nancy pelosi plan because it contains a number of the provisions she holds. amounts less than $250,000 per year, it extends some of the stimulus provisions with income taxpayers, child credit, and raising amounts more than $1 million. this is a republican plan ,-com,-com ma the one if it goes past the house, likely to pass the house, it makes the current rates permanent for amounts less than $1 million per year. it takes capital gains and dividend rates now 15%, make them permanent for amounts under $1 million for amounts more than $1 million it is 20% dividend rate operates. there is a permanent estate tax of 35% for amounts of more than $5 billion bid the sequester, automatic spending cuts set to hit starting on january 2 or 1st, essentiall
FOX Business
Dec 4, 2012 11:00pm EST
plan ta raise a lot of taxes. >> ihink they are allll pathetic losers, they make washington, d.c. look lik choir boys, i am shocked. in record time, turning to this guy who cald him every name in the boo dirty rotten scoundrels of wall street, n ey are playing ft ftse i is grossndreepy. neil: i did not think that losing your backbone was one of them. >> i am becoming comfortable here, this week charlie calling out wa street, good job, last week you hung a hamme and is a sickle on dee-dee. >> did. neil: do you find it odd that wall street that opposed him on every single pha of his agenda. >> not every phase. neil please. >> now, y hav to beepulled by that. >> i am pleased by their decision it ishat it is. neil: no, i think we have discussed this elections and i know we set againstaising taxes but,f that is the consequence of election for a presidt w campaigned hikin on the back of the rich, i don't like it but, to fold. >> this is a hypocrisy level, thee say this is the right thing too, but who gets crushed on the higher taxes? small businesses. i don't care what anyone said, president
FOX Business
Dec 11, 2012 9:00pm EST
to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white house folks s there's a sign of movement. a senior huse aide says the evite house reduc the and the white house has reduced itsm demand for tax revenue increases from just under to fund the store one-and-a-half to will sort of the latest republican billio offer of $800 billion.e there is anfother offer on the t table from republicans. the details are known.ys the spokesman said the white house got up counter offer tois. solve our looming debt crisis. we are still waiting for the white house to identify what pet spending cuts the president is willing to make as part of the balanced approach.use fox news is reporting senior white house official said the signs are making some progress,e but there is still littler
FOX Business
Dec 13, 2012 11:00am EST
.5%. connell: a news alert from washington. you will see it here live from d.c. as we wait for the speaker, we will hear from a guy who says >> whatever god deal is signed, there will be a lot of pressure. boehner will have to cut a deal that raises taxes. their idea of fiscal conservatism, for two decades, has only been about taxes. meanwhile, under current sentiment, underneath him, why don't you finally go after spending. those tea party people will be completely hostile to whatever deal comes up. connell: the reason he is speaker of the house is because of those tea party. the same group that may, if you are right though i drive him out of town. >> he has been systematically pushing tea party people out of committees in order to get his conference more in line. connell: he better kind of followed the line here. >> that is how you organize and discipline. it will hurt the economy without solving the problem. connell: is he supposed to -- that would be characterized as a "grand bargain." if you are right, his job is literally on the line. >> there isn't much of an option. he has not been tal
FOX Business
Dec 18, 2012 11:00pm EST
of washington today because i think at the end, it means nothing. focus on this video because i think it's going to tell you everything. take a look. >> to begin the benefit finder, first answer all of the nine simple core questions that are essential to narrowing you results. you will find a program description, general requirements, and your next steps on how nd where you can apply. receiving the latest benefit information has never been easier. we hope this tutorial helped you on your path to government benefits. neil: that's a youtube video on how you can log in to see how much the government can help you out. it's a menu for moreegovernment. benefits ala carte. after all, you're not paying for them. someone else is. now, we've given sheen to what amounts for government stuff. it's sort of like that ad that ran earlier this year, the benefit to food stamps in a feel-good radio commercial that probably would have made norman rockwell proud. remember this? >> look at margie, she looks amazing. >> she sure does. >> i wonder how she stays fit. what the secret? >> well, she said food stam benefit
FOX Business
Dec 19, 2012 5:00pm EST
closing in the red. investors spooked by bad housing data and all that nonsense in washington. dow closing down almost 99 points. another rough day for gold. a rise in homebuilder confidence driving investors away for a two-session loss of nearly 2%. right now gold is hovering around $1670 an ounce. oil futures for a fourth straight session of gains, crude oil for january delivery gained 1.8% to settle at $89.51 a barrel. >>> all right. we're going to start tonight with a special holiday treat. it's the week before christmas and all through the house, lawmakers are frantic and starting to grouse. not from the cliff, though they do say they care, but from more and more bailouts which could soon fill the air. gm has been saved, they are snug in their beds, but images of fema, fha and the post office now entering our heads. all right, enough holiday poems, can't take anymore. go straight to tonight's game. who gets bailout booty and who gets the coal in their stocking? joining me now to help santa make out his list, brian wesbury no i know enjoyed my little poem. first trust advisors. >> i lo
FOX Business
Dec 22, 2012 6:00am EST
what this crackpot cringe gel was doing in washington today. targeting republicans for blocking needed spending and i guess, just being cold, heartless souls. leaving aside reality where the real santa's paying for all the gifts that congress doles out. must we use an icon to plug these morons? by the way, first time this guy was on capitol hill he was reading off a prompter. what idiot reads off a prompter? scroll up a little bit, please. anyway, anyway, it is a biz blitz segment. we have banking big wicking -- bigwig, john allison. i couldn't believe this, john, using santa to sell your cheap thought. your thoughts? >> it is interesting, neil, santa is a very just person. he requires children not to be naughty. he requires implication, he said that children should get what they deserve. and so i think it is ironic that he would be using santa about taking money from peoplehat are producing it and basically giving it to people that haven't earned it. neil: you have to wonder. he wear as red suit and does throw out stuff for free but i digress. i was thinking, you have to be rlly despe
FOX Business
Dec 4, 2012 1:00pm EST
in washington for jpmorgan chase. the probe covers $5.8 billion in losses. it is caused by the london whale, a trader that got a reputation for big bats with complex financial investments. the wide net that the subcommittee appears to be casting will not necessarily lead to any formal charges against the bank, any formal hearings on the trading losses or any scathing reports. senator carl levin, the chairman of this subcommittee, criticized the bank in may when it announced this law saying it "made a very big and complicated that that now has gone very wrong." he is now one of the sentence leading critics of wall street. they did not comment on our story today. if a probe generates any substantive results, that could mean war headaches for ceo jamie dimon. it has been investigated whether -- that issue as well as the bank's internal controls oversight of traders and other matters could be among the subjects of the subcommittee's probe. melissa: peter barnes, thank you so much. lori: breaking news out of egypt. thousands of protesters ready to march on the palace to protest president morsy.
FOX Business
Dec 4, 2012 6:00pm EST
in washington. we are spending currently a trillion dollars more than we are bringing in. this president under his first four years increase the size of our federal government spending by 25 percent, and now he's asking for more stimulus money. unfettered control. this really is a hostage situation, and this is not what the american people need. we have 25 million americans looking for jobs, searching for jobs. we don't need to add additional taxes. gerri: covers woman, look. the american public is going to blame your party, the republicans, some 53 percent say of the fiscal cliff happens, every fall over the edge republicans are to blame. how do you square that? is a year on the right side, trying to do things. yet the public certainly does not see your effort. >> i think one of the things that is so difficult for me is that the media cannot not talking about you in particular. the general media has fallen into this rabbit hole of only talking about this one issue. if we were to give the president what he wants, the panacea. that is the pitfall of our problems. it only funds government for ei
FOX Business
Dec 6, 2012 11:00pm EST
out and concede on the revenue side. does washington need more revenue? yeah it does, looking at overall percentage of money of revenues that come in to federal government, than what has been average since world war ii, we're below that the argument should be, yeah, we need more revenue, but the question is, how do republicans historically, how do we argue, for more revenue? growth. we need more growth, if we have more growth, highest revenues we had in history of the -- since world war ii was 21 or 22% of gdp, what happened? tech boom, huge capital gains and start ups, and that is how we got revenue, it was not by raising taxes that is an argument weave with principle made and have been correct in making it. to now say, well, you know, president won and we have to concede that point. i'm not saying there can't be tax refor. but that should be an ending point not a starting point. neil: does it bother you that mitt romney's runng mate, budget committee chief paul ryan is going along with this deal. >> it is his budget. he is the -- >> he has been bed in a corner. >> governing
FOX Business
Dec 6, 2012 1:00pm EST
there to me, peter. >> that is right. the housing secretary cannot rule it out. washington is certainly closer to one after the latest audit of the fha fund has a capital reserve shortfall of $16.3 billion. the administration says it is too soon to say whether the fha will need treasury funding. >> can you assure us and the american people today as the secretary of hud and fha will not do that, or you don't know yet? >> senator, i wish i had a crystal ball and i could tell you we won't at the end of the year given the reports. obviously i am highly concerned about that possibility. >> to avoid a bailout agency is increasing fees and making other reforms. the administration says it will signal its intentions on the treasury bailout when it releases the 2014 budget in february and will actually decide to pull the trigger or not next september. lori: okay, peter, thank you. all of this heated discussion debate dying down by then. melissa: think your kid has what it takes to be the next oracle of omaha? lori: and he still go green and make a lot of paper? next. want to try to crack it? yeah, that'
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